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23 Schooner Terrace, Paynesville$1.49m
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For Salehouse

23 Schooner Terrace

Paynesville, VIC 3880, Australia
$1.49m
5 bed 3 bath 4 car1262 m²

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About this property

Nestled privately behind secure fencing in a quiet court location, this impressive absolute waterfront residence occupies a generous 1,262m2 allotment and offers an enviable canal lifestyle complete with a half share jetty berth. Designed to embrace its stunning waterfront setting, the spacious two level home welcomes you with a grand double door entry. Upstairs, the expansive open plan living area showcases a striking vaulted ceiling with north facing highlight windows that flood the space with natural light. Glass doors open onto the deck where you can relax and take in the beautiful canal vistas and surrounding prestigious homes. The timber kitchen forms the heart of the upper level, offering ample bench space, dishwasher, electric cooking and wall oven, making it both practical and inviting for everyday living and entertaining. The master bedroom is perfectly positioned and features a walk-in robe and ensuite with larger shower. A second bedroom and central bathroom complete this level, with the added luxury of a spa bath. Downstairs provides exceptional versatility, ideal for extended family or guest accommodation, with a second living zone complete with its own kitchen. This space flows seamlessly to a large paved outdoor entertaining area, again capturing lovely canal views. Three additional bedrooms, all with built-in robes, a family bathroom and laundry are also located on this level. Outside, the easy care gardens ensure more time can be spent enjoying the waterfront lifestyle. Two double garages provide excellent vehicle accommodation, while there is ample additional space for boat or caravan storage. Solar panels add further appeal, enhancing energy efficiency. With your own half share jetty berth and direct access to the water, this is a rare opportunity to secure a substantial waterfront home offering space, flexibility and an exceptional lifestyle in a tightly held canal court setting.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
5
Bathrooms
3
Parking
4
Land Area
1262 m²
Listed
3 months ago

Repayment calculator

$7,199/month
$3,600 /fortnight
Loan $1,188,000 at 6.10% over 30 years

Upfront costs

Deposit$297,000
Stamp duty$81,675
Conveyancing (est.)$2,000
Total upfront$380,675
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Paynesville

This 5-bedroom house in Paynesville, VIC 3880 sits within reach of public transport, local shops and nearby schools. It is listed 148% above the $599,000 median of 72 comparable houseswithin 5 km.

Schools near Paynesville

  • Paynesville Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • King St/Paynesville Rd (bus)632 m away
  • Tobacco Products & Gifts1.0 km away
  • Unnamed831 m away
  • Gilsenan Reserve874 m away

Paynesville at a glance

Full suburb profile
Population
3,636
Median age
62
Household income
$987/wk
Median rent
$310/wk
Median mortgage
$1,225/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Paynesville price trend

Median sold · House 3 bed

Compound growth +0.0% / yr over 4 yrs

$550kcurrent median

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